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Comcast, eBay may bid for AOL
Contra Costa Times ^ | 2/4/8

Posted on 02/04/2008 4:04:58 PM PST by SmithL

Bay Area cable provider Comcast Corp. and San Jose-based eBay Inc. may be potential bidders for Time Warner Inc.'s AOL, as Microsoft Corp.'s offer for Yahoo Inc. threatens to knock out the two most likely suitors for the Internet unit, Pali Research said.

There's a lack of buyers for AOL, Richard Greenfield, an analyst at Pali Research, said Monday in a note. Still, Comcast Chief Executive Officer Brian Roberts may be interested in AOL to get its advertising network and Web site, he wrote. Roberts is unlikely to pay more than $10 billion, according to Greenfield. In 2000, AOL purchased Time Warner for $164 billion.

(Excerpt) Read more at contracostatimes.com ...


TOPICS: Business/Economy
KEYWORDS: aol; comcast; legacymedia; timewarner

1 posted on 02/04/2008 4:04:59 PM PST by SmithL
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To: SmithL

If they bid for AOL, they’ll be SOL.


2 posted on 02/04/2008 4:05:58 PM PST by Zuben Elgenubi
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To: SmithL

HAHAHAHA....

Just let AOL die.


3 posted on 02/04/2008 4:06:04 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: SmithL

If anyone told me that AOL would be in this shape ten years ago, I would have called them insane. But it’s just another example of a company that can’t keep up in an ever-changing tech field.

That, and the bad word of mouth about their services and their strong-arm techniques in order to keep their customers.

Let it burn.

APf


4 posted on 02/04/2008 4:09:53 PM PST by APFel (Regnum Nostrum Crescit)
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To: APFel

Is there anybody out there who still uses AOL if they have any broadband/DSL company available? I used to use their program CD’s for coasters.


5 posted on 02/04/2008 4:16:42 PM PST by Right Cal Gal (Remember Billy Dale!!!)
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To: APFel; SmithL
If anyone told me that AOL would be in this shape ten years ago, I would have called them insane.

Why? Ten years ago I couldn't really see any reason for them to exist when high speed internet connections would eventually become ubiquitous.

6 posted on 02/04/2008 4:24:35 PM PST by Paleo Conservative
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To: Right Cal Gal
I used to use their program CD’s for coasters.

I stopped doing that, because I didn't want to accidentally use an important CD as coaster and ruin it.

7 posted on 02/04/2008 4:25:59 PM PST by Paleo Conservative
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To: SmithL

Sell that stock if you have any.


8 posted on 02/04/2008 4:28:03 PM PST by bmwcyle (What is the American voter thinking?)
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To: Paleo Conservative

True that.
I miss that matched set of the cute little stick figure. Who never seemed to get past the “dialing” run pose on heavy traffic days.

Also, you know, I kinda miss that “Welcome! You’ve Got Mail!!


9 posted on 02/04/2008 4:28:08 PM PST by Right Cal Gal (Remember Billy Dale!!!)
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To: SmithL

I love eBay! Don’t give me a reason to hate it dammit.


10 posted on 02/04/2008 4:42:21 PM PST by diverteach (http://foolishpleasurestudio.com/eyewool/slap_hillary.html)
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To: Right Cal Gal

I strung them and decorated my 25’+ tall Norway Spruce for Christmas one year. It was really pretty and a few of them are still stuck way up there.


11 posted on 02/04/2008 4:54:58 PM PST by nkycincinnatikid
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To: SmithL
There's a lack of buyers for AOL, Richard Greenfield, an analyst at Pali Research, said Monday in a note. Still, Comcast Chief Executive Officer Brian Roberts may be interested in AOL to get its advertising network and Web site, he wrote.
12 posted on 02/04/2008 5:22:43 PM PST by kinoxi
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To: Paleo Conservative
Why? Ten years ago I couldn't really see any reason for them to exist when high speed internet connections would eventually become ubiquitous.

Simply because they had the resources and money to evolve and had a HUGE customer base.

I hope that answers your question.

APf

13 posted on 02/04/2008 5:26:00 PM PST by APFel (Regnum Nostrum Crescit)
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To: APFel
Simply because they had the resources and money to evolve and had a HUGE customer base.

They were part of AOL-Time-Warner and had cable modems coming online, but they chose not to make AOL part of the cable modem package. Time-Warner's Road Runner has very poor internet based email compared to AOL or Yahoo! AT&T DSL service is bundled with Yahoo!

14 posted on 02/04/2008 5:31:40 PM PST by Paleo Conservative
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To: Paleo Conservative
They were part of AOL-Time-Warner

The part that darn near sunk 'em.

15 posted on 02/04/2008 7:25:21 PM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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To: Paleo Conservative

AOL: “Almost On Line;” banning web sites with guns, etc. Haven’t received one of their coasters now in couple of years.


16 posted on 02/04/2008 7:32:56 PM PST by Inyo-Mono (If you don't want people to get your goat, don't tell them where it's tied.)
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To: SmithL; HAL9000; The Watcher; Noumenon; ShadowAce; backhoe
Nostalgia Article - AOL's 2002 $54 BILLION writedown.

http://web.archive.org/web/20020705195040/http://www.upside.com/On_Trial/3cd2d4781.html

THE VERDICT: Is AOL Guilty Of Being SOL
May 03, 2002 02:18 PM ET
by UpsideToday Staff
The defendant:
AOL Time Warner (AOL)

The charge: Being SOL

Judge's commentary:

Final results
The charge: Is AOL guilty of being SOL?
Guilty
Guilty 73%
Not Guilty
Not guilty 27%
Read the original case
Well, we won't belabor our overview of the jury�s decision this week. The prosecution put AOL Time Warner (which we just called AOL, for short) because the company managed to report a quarterly loss of $54 billion. This was also the same quarter that AOL took a $54 billion charge related to goodwill associated with its purchase of Time Warner nearly two years ago.

AOL is definitely the king of the Internet, and is the biggest media company in the world. The company has a presence that is enormous--it owns everything from the world's most-popular online service to TV networks, from Time magazine to the Atlanta Braves. There's a lot of ways for AOL to make money.

But last quarter it lost money like nobody's business. As the prosecution said, no matter how you slice it $54 billion is a lot of money to lose and you can't really put a good spin on that no matter how much goodwill is involved.

Upside juror Sal Amado summed up the feelings of the majority of jurors by saying, 'They are so SOL. Their online subscription service is doomed also.'

The verdict:

Whether AOL's subscription service is doomed remains to be seen, but 73 percent of the Upside jurors voted AOL guilty of being SOL. There's no word yet on whether that $54 billion loss will be made up through higher online access fees or increased subscription rates for Sports Illustrated, but keep your eyes on your monthly statements.

Court adjourned.




NOTE: It reads better at the link....
17 posted on 02/04/2008 7:50:53 PM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: Right Cal Gal

The You’ve Got Mail voice actor is doing custom voice recordings for cheap. You can even get YGM and use it with your regular mail program.


18 posted on 02/04/2008 10:41:05 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Paleo Conservative

Yup. I had Roadrunner back in the day, and I promptly applied for a Hotmail account.

If anything, I thought that AOL would be a survivor. It’s the same company that ran Q-Link, a Commodore 64 online service back in the 1980’s to which I was a subscriber. Nothing lasts forever. Some have less forever than others, I guess.

Never had AOL, though. I relegated that service to online vidiots.

APf


19 posted on 02/04/2008 11:04:15 PM PST by APFel (Regnum Nostrum Crescit)
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To: APFel
Yup. I had Roadrunner back in the day, and I promptly applied for a Hotmail account.

Which was really stupid on the part of AOL-Time-Warner. AOL had a huge IM network and online email capabilities that would have been really nice to integrate into Road Runner service, but they persisted in making AOL the internet with training wheels martketed to people accessing the internet by modem. The only people I know who still use modems to access the internet are people who live too far from the local telephone company switch to use DSL and don't have cable TV.

20 posted on 02/05/2008 3:24:32 AM PST by Paleo Conservative
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To: SmithL; rdb3; Calvinist_Dark_Lord; GodGunsandGuts; CyberCowboy777; Salo; Bobsat; JosephW; ...

21 posted on 02/05/2008 5:09:31 AM PST by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: SmithL
Roberts is unlikely to pay more than $10 billion,

It might be worth it at $500 and a used Plymouth Voyager.

22 posted on 02/05/2008 5:22:07 AM PST by Tribune7 (How is inflicting pain and death on an innocent, helpless human being for profit, moral?)
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To: SmithL
Nothing says "idiot" quite like "@aol.com"

Seriously, in my business if I am dealing with someone who gives me an aol email address, I sigh because I know that my dealings with that person are going to generally suck.

23 posted on 02/05/2008 6:32:44 AM PST by KevinB
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To: SmithL
The Skype acquisition was awful - I hope AOL is not the same kind of deal. They need to innovate from within, but I don't think eBay Desktop is the answer though.
24 posted on 02/05/2008 7:07:48 AM PST by stainlessbanner
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To: KevinB

What? You don’t need training wheels on your Internet?


25 posted on 02/05/2008 7:48:47 AM PST by SmithL (My tagline dropped out)
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To: Paleo Conservative; Right Cal Gal
>> I used to use their program CD’s for coasters.

> I stopped doing that, because I didn't want to accidentally use an important CD as coaster and ruin it.

NO MORE AOL CDs !

www.NoMoreAOLCDs.com


26 posted on 02/05/2008 5:22:24 PM PST by dayglored (Listen, strange women lying in ponds distributing swords is no basis for a system of government!)
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